TREES, GREEN LANE, WOODCOTE, READING, RG8 0RT - £1,425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

TREES is a very large extended detached house of 314m², built sometime between 1983 and 1990. It was last sold for £1,425,000 in December 2023, which was around 91% above the average December 2023 detached price in the South Oxfordshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

TREES Sold Prices

Land registry data shows four sales for TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Oxfordshire local authority area for the corresponding sale date. All of the four TREES sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 1 DEC	£1,425,000	£747,681	91% above HPI
2000 7 JAN	£595,000	£239,631	148% above HPI
1997 6 JAN	£300,000	£151,622	98% above HPI
1995 12 JAN	£310,000	£132,538	134% above HPI

TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Oxfordshire local authority area over time, sourced from the HPI. The four TREES sales between January 1995 and December 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2000 sale was for 148% above the HPI. So the extrapolation line tracks at 148% above the HPI over time, until the December 2023 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is TREES?

TREES is 314m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Woodcote, based on EPC data. The below chart shows the distribution of detached houses by size in Woodcote, and where TREES lies on this distribution: 97% of detached houses are smaller than TREES, and 3% of houses are larger. Note that EPC data is not available for all properties in Woodcote.

TREES: Plot and Title Map

TREES sits on a plot of roughly 1.3 acres, or 5,283m². The below map shows the location of TREES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of TREES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is TREES?

TREES is located on GREEN LANE in WOODCOTE, in the RG8 postcode district. The below map shows the position of TREES on GREEN LANE.